Channel Sponsor - Turnaround

3 Ways to Leverage Retail Strategies in Healthcare

Written by Carrie Pallardy |
June 30, 2014

Price transparency and consumerism are taking healthcare by storm and providers are beginning to look to retail strategies to remain competitive. Here are three ways that providers can create a retail strategy, according to a MediGain blog post.

• Look beyond healthcare. Follow the lead of other service-driven industries. • Build relationships. Providers should create personal brands and use this to attract patients. • Financial management. Consider partnering with a revenue cycle management firm to allow physician practices to focus solely on patient-driven care.